Vineyard Wind makes the rounds
ith the prospect of “hundreds of thousands of dollars” in tax revenue coming to the town each year from an offshore wind farm, Yarmouth Board of Selectmen Chairman Tracy Post remained mum Wednesday but looked pleased.
“She’s glad to hear it,” Vineyard Wind Chief Executive Officer Erich Stephens said of the personal property tax the town of Yarmouth would likely levy on the company for the energy transmission cable that could run from the water’s edge in Yarmouth for about 2 miles to a substation just over the town line in Barnstable.
“It pains me to say it,” Stephens said of the amount of tax.
At the open house Vineyard Wind hosted Wednesday at the senior center, and at a similar event the night before in Barnstable, the company intended to introduce itself to the town and prepare townspeople for what may come, Stephens said.
Citizens on the Cape and the Islands should expect even more information sessions, open houses and get-to-know-you events as all three offshore wind energy companies with federal leases south of the Islands put their best foot forward.